Yieldstreet review
- Stock trade fee
- N/A
- Minimum deposit
- $10,000
Our verdict
Invest in art, real estate and commercial offerings in one place with Yieldstreet.
Consider Yieldstreet if you seek long-term investments in alternative asset classes. Look elsewhere if you’re an active trader looking to trade assets like stocks, ETFs and crypto
Best for: Accredited investors and buy-and-hold investors
Pros
-
Invest in a variety of asset classes including art, real estate and commercial offerings
-
The Prism Fund is available to non-accredited investors
-
Supports short and long-term investments
Cons
-
Most offerings are only available to accredited investors
-
Investment minimums vary but are typically high and highly illiquid
-
Must commit to a Yieldstreet investment for at least six months
-
Lawsuit filed against Yieldstreet over $100 million lost by investors
How we rated Yieldstreet’s features
| Fees | ★★★★ | Annual management fee and administrative expense fees apply. |
| Available securities | ★★★★★ | Includes art, real estate, short-term notes, structured notes and supply chain portfolios. |
| Customer support | ★★★★★ | You can reach out to customer support on live chat or email. |
| Mobile app | ★★★★★ | Mobile app users like the app but some stumble at verifying their identity during the application process. |
| Research and tools | ★★★★★ | Useful filters and tailored recommendations to help build your portfolio. |
| Reliability | ★★★★★ | Multiple mobile app crashes have been reported. |
To learn how our star ratings are calculated, read our methodology at the bottom of the page.
Yieldstreet is best for accredited investors
Yieldstreet is best for accredited investors with high net worth, mainly because most of the offerings come with high minimum investment requirements and are only available to accredited investors.
As a Yieldstreet investment will need to be held for at least six months, it might also appeal to buy-and-hold investors rather than active traders.
What you can trade on Yieldstreet
- Art
- Real estate
- Short-term notes
- Multi-asset class fund
- Structured notes
- Supply chain portfolios
Account types available with Yieldstreet
- Individual accounts
- Retirement accounts (Traditional, Roth and SEP IRAs)
- Entity accounts for businesses or trusts
Where Yieldstreet shines
Yieldstreet makes it possible to invest in art, real estate and commercial offerings. Its Prism Fund is available to non-accredited investors with minimums as low as $2,500. It also offers retirement and entity accounts and there’s a mobile app allowing you to invest on the go.
Where Yieldstreet falls short
Much of Yieldstreet’s offerings are highly illiquid and limited to accredited investors except for its Prism Fund. The minimum to invest varies for each offering but are typically high, beginning at $5,000. And you’ll only be able to view some of the offerings only after you become a member.
Yieldstreet is facing litigation
In 2022, investors filed a class-action lawsuit over the loss of over $100 million. The lawsuit filed focuses on supposedly false and misleading statements Yieldstreet made to investors to induce them to purchase certain Yieldstreet investment products, including vessel deconstruction funds, oil & gas wells, commercial real estate, and modern art. Yieldstreet has said the investors were not defrauded and no fraud was committed. The outcome of this case is still pending.
Yieldstreet’s fees
The main fee that Yieldstreet charges is the annual management fund of an invested asset. This will vary depending on the investment you choose. For example, short-term notes have zero management fees, while individual investment fees start at 1% and the Prism Fund fees at 1.5%.
Is Yieldstreet legit?
Yes, Yieldstreet is a registered investment advisor with the US Securities and Exchange Commission (SEC). Its banking services are provided by Evolve Bank & Trust, a member of the Federal Deposit Insurance Corporation (FDIC).
Yieldstreet’s platform is easy to use
Here are some of the tools you can use to trade with on Yieldstreet:
- Tailored recommendations
- Portfolio
- Investing ideas
- Market insights and latest news
- Performance tracker
Yieldstreet’s app
Yieldstreets’s user interface is relatively easy to navigate – although multiple app crashes have been reported. If you plan to invest in Yieldstreet’s single asset class offerings, be prepared to verify your accredited investor status by uploading a 1040,W2, K1 or 1099 form.
Yieldstreet’s desktop tools
You can browse offerings on the Yieldstreet website although some are only visible once you become a member and log into your account. Once signed in, you can view market news and insights, obtain recommendations and search and invest in offerings.
Yieldstreet’s app store reviews
| Google Play app reviews | 4.6/5 stars based on 403 reviews |
| Apple App Store app reviews | 4.7/5 stars based on 1,600 reviews |
Yieldstreet’s customer support
You can reach Yieldstreet in the following ways:
- Email support
- Online chat
How to open an account with Yieldstreet
- Click the “Sign up now” button below and click “Get started“.
- Answer Yieldstreets questions about your investment goals, experience level, portfolio size and which asset classes you’re interested in and select Continue.
- Enter your full name, email address and create a password. Select Sign Up.
- If signing up as an accredited investor, indicate which criteria you fulfil and select Continue.
- Set up an individual account, a Yieldstreet IRA or an entity account for a business or trust.
Eligibility and required information
- At least 18 years old
- Valid phone number and email address
- US residential address
- Existing US bank account to fund your Yieldstreet account
- Valid Social Security number
- Date of birth
How safe is Yieldstreet?
Yieldstreet is regulated by SEC rules and regulations. Investments of up to $250,000 made into a Yieldstreet wallet are FDIC-insured. However, investments into the Prism Fund are not insured. It’s worth noting that a lawsuit has been filed against Yieldstreet relating to more than $100 million being lost through high-risk defaults and alternative products.
Compare Yieldstreet to other alternative investing platforms
Vinovest
6.6 Standard
Available asset types
Wine, Whiskey
Stock trade fee
N/A
Minimum deposit
$1,000
Signup bonus
N/A
IRA Financial
Available asset types
Cryptocurrency, Real estate, Precious metals, Investment funds, Private equity, Tax liens/deeds
Stock trade fee
N/A
Minimum deposit
$0
Signup bonus
N/A
Ark7 Real Estate Investing
Available asset types
Real estate
Stock trade fee
N/A
Minimum deposit
$0
Signup bonus
N/A
Frequently asked questions about Yieldstreet
Finder Scores: What they mean
If you want peace of mind, this rating will give it to you. These products offer the best value and outcomes considering various product features, terms, conditions and price.
Well-balanced products that provide what you need, offering a healthy mix of competitive features at a good price. However, they're not quite the best in class.
Bottom line: You can find better, but these products still offer reasonable value and have the basics sorted.
These products may not offer much value in the long run, and there are better options available.
Frequently asked questions
Your reviews
Helen Finder
Writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.